Palo Alto Networks Completes Acquisition of PureSec

Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, announced today that it has completed its acquisition of PureSec, a leader in serverless security, to extend its Prisma cloud security strategy.

“With the addition of PureSec to our Prisma cloud security suite, we will be well positioned to help organizations accelerate their journey to the cloud,” said Nikesh Arora, chairman and CEO of Palo Alto Networks. “We are excited to welcome PureSec to Palo Alto Networks. The integration of PureSec into Prisma will strengthen our ability to secure serverless applications and deliver greater protections across multiple cloud environments.”

PureSec, a visionary serverless security company, enables customers to build and maintain secure and reliable serverless applications. The company provides end-to-end security for serverless functions that cover vulnerability management, access permissions, and runtime threats.

The addition of PureSec will further advance Palo Alto Networks in its ability to offer the most complete and comprehensive cloud security suite. With PureSec, Palo Alto Networks will be uniquely positioned to secure serverless applications throughout the entire life cycle, significantly reducing the attack surface.

Terms of the PureSec transaction were disclosed in Palo Alto Networks third quarter fiscal 2019 quarterly report on Form 10-Q.

Palo Alto Networks, Prisma, and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.

SOURCE Palo Alto Networks, Inc.